Size mattered less than location for buyer CNL Private Equity Corp., which plans to continue operating the building as a Dennyâ€™s Restaurant. Anonymously titled seller 1234 Corporation sold the property to CNL with the help of CB Richard Ellis.

CBRE broker Harry Burnett, an associate at the firmâ€™s Miami office, credited his â€śsuperior market analysis, demographics and access to the broadest array of potential buyersâ€ť for successfully closing the deal. It wasnâ€™t an overnight hit, however: The property, which was officially listed in March, wasnâ€™t sold until late July.

Dennyâ€™s is the largest full-service family restaurant chain in the nation. The chain, which owns less than half of its 1,603 outlets (1,050 are franchised), serves breakfast around the clock.